Could she improve her operations or would she have to walk

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Question :

As a first-time entrepreneur, Kingsley was surprised by the amount of overhead costs McPhee was incurring (see Exhibit 3). The used equipment proved to be unreliable and problematic, taking far longer to maintain and clean between batches.

Despite operating with as few staff members as possible, skilled distillers were hard to come by given the boom in the distilling industry. Utility costs were also signi?cant due to the strict production processes that she demanded. There simply were not any costs that McPhee could cut without compromising the quality of the whisky.

After two years of operations, Kingsley was awaiting her ?nancial results. Was her business model pro?table or had she made an error by focusing on barrel sales? Could she improve her operations or would she have to walk away ?om her dream like many an entrepreneur before her?

Reference no: EM132315587

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